partner A of the equal general ABCD partnership contributes property (FMV = $200,000, basis = $20,000, associated liability = $120,000), to the partnership. A's basis in her partnership interest before the contribution (including A's share of the partnership liabilities) is $30,000, and the partnership has liabilities of $80,000. The other partners also contribute property, so A's interest in the partnership does not change. What is A's gain or loss, if any on the contribution, and what is A's basis in the partnership after the contribution? What would your answer be if the contribution increased her interest to 40%?